Wei Chuan Foods Balance Sheet Health
Financial Health criteria checks 4/6
Wei Chuan Foods has a total shareholder equity of NT$7.4B and total debt of NT$5.4B, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are NT$17.8B and NT$10.4B respectively. Wei Chuan Foods's EBIT is NT$369.9M making its interest coverage ratio 3.2. It has cash and short-term investments of NT$1.5B.
Key information
73.1%
Debt to equity ratio
NT$5.42b
Debt
Interest coverage ratio | 3.2x |
Cash | NT$1.54b |
Equity | NT$7.41b |
Total liabilities | NT$10.40b |
Total assets | NT$17.81b |
Recent financial health updates
Does Wei Chuan Foods (TPE:1201) Have A Healthy Balance Sheet?
Feb 18We Think Wei Chuan Foods (TPE:1201) Is Taking Some Risk With Its Debt
Nov 20Recent updates
Wei Chuan Foods' (TWSE:1201) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 20Wei Chuan Foods (TPE:1201) Is Doing The Right Things To Multiply Its Share Price
Mar 25Do Fundamentals Have Any Role To Play In Driving Wei Chuan Foods Corporation's (TPE:1201) Stock Up Recently?
Mar 08Does Wei Chuan Foods (TPE:1201) Have A Healthy Balance Sheet?
Feb 18Wei Chuan Foods (TPE:1201) Share Prices Have Dropped 15% In The Last Three Years
Jan 28How Does Wei Chuan Foods Corporation (TPE:1201) Fare As A Dividend Stock?
Jan 11What Do The Returns At Wei Chuan Foods (TPE:1201) Mean Going Forward?
Dec 25Is Wei Chuan Foods Corporation's (TPE:1201) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 07We Think Wei Chuan Foods (TPE:1201) Is Taking Some Risk With Its Debt
Nov 20Financial Position Analysis
Short Term Liabilities: 1201's short term assets (NT$6.5B) do not cover its short term liabilities (NT$7.0B).
Long Term Liabilities: 1201's short term assets (NT$6.5B) exceed its long term liabilities (NT$3.4B).
Debt to Equity History and Analysis
Debt Level: 1201's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 1201's debt to equity ratio has reduced from 106.2% to 73.1% over the past 5 years.
Debt Coverage: 1201's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 1201's interest payments on its debt are well covered by EBIT (3.2x coverage).